EURAUD Trading Plan 28/Feb/2024Hello Traders,
Hope you all are doing good!!
I expect EURAUD to go Down after completing this wave.
Look for your SELL setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Euraudsell
EURAUD
EUR/AUD appears to be experiencing a bearish momentum as it breaks below the support trendline of an ascending triangle pattern. This breach suggests potential downward pressure on the pair, signaling a shift in market sentiment towards the Australian dollar against the euro. Traders may look for confirmation through increased selling volume and further downside movement before considering short positions.
EURAUD - Long to resistance ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: As we can see here price is in a range for couple of weeks, so I expect to see a rejection from support zone + institutional big figure 1.65000. My target is resistance zone.
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EURAUD I Bearish market structure and more potential downside Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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EURAUD !! Trend DOWN, SELL now⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
DOWN trend, stable trading below the EMA lines, establishing a SELL signal
⭐️ SET UP EUR / AUD PRICE:
🔥SELL zone: 1.65200 - 1.65350 SL 1.65800
TP1: 1.65000
TP2: 1.64700
TP3: 1.64300
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest
EURUAD potential sell updateas you guys can see euruad is playing out as planned ill make sure to put analysis i shared a hour or two ago to this description but now ill just waiting on a pull back for confirmation so ill just be watching closely because this move could happen really fast.
*EURAUD/SELL
EURAUD potential sellon the higher time frame EURAUD had been in a overall correction stage and im looking to get into sell after i see a good opportunity. On the lower time frames EURAUD market behavior is moving to the upside in a very slow and consilidating manner like a bearish flag so this is making me feel seller will take control later on during the week for sells.
EURAUD I Impulse correction I SHORT! Welcome back! Let me know your thoughts in the comments!
** EURAUD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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EURAUD Sell tradeWe looking at 2 scenerios for the sell.
We would confirm with smaller TF for entry.
So look out for sell in the blocks.
Entry scenario 1 - Around @1.65279-1.65428
Entry scenario 2- Around @1.65000 - 1.65550
Or you can risk entry now and then increase SL while you cut your risk percentage
TP1 - 1.64107
TP2 - 1.63194
EURAUD - Look for a short position ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: Here I think we are bearish, so I look for a short position if price fulfills the imbalance higher and then rejects from bearish order block. My target is liquidity below equal lows.
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7 Dimension analysis For EURAUD 🕛 TOPDOWN - Bearish Continuation Setup for EUR/AUD
Overview: Monthly and daily analyses reveal a prolonged bearish trend with notable liquidity sweeps. Weekly analysis is pending, focusing on the daily for detailed insights.
😇 7 Dimension Analysis
Time Frame: Daily
1️⃣ Swing Structure: Bearish
🟢 Structure Behavior: Break of Structure (BoS).
🟢 Swing Move: Impulsive.
🟢 Inducement: None observed.
🟢 Pull Back: Absent.
🟢 Ext OB: Mitigated.
🟢 Support/Demand Area: Weak demand area - possible redistribution.
🟢 Trendline: Daily trendline intact.
🟢 Buildup/Pre-break/Post-break/QC: Data insufficient.
🟢 Traps: None detected.
🟢 Time Frame Confluence: Daily.
2️⃣ Pattern
🟢 CHART PATTERNS
Reversal: Head and shoulders, double top.
Rounding Patterns: Double at the 2nd shoulder with strong rejection.
🟢 CANDLE PATTERNS
Key Considerations:
Record session count indicates a possible consolidation at this support.
Strict marubozu candle could be a climactic player.
Tower top/bottom indicates potential climax at the opening.
3️⃣ Volume:
🟢 Fixed Range suggests a profit booking area.
🟢 Good breakout volume.
4️⃣ Momentum RSI:
🟢 In a super bearish zone.
🟢 Range shift not confirmed.
🟢 No divergence.
🟢 Loud moves shifted from sideways to bearish.
5️⃣ Volatility Bollinger Bands:
🟢 Middle band rejection.
🟢 Squeeze done with breakout outside the lower band.
🟢 Walking on the band just started.
🟢 Dual band derivation supported.
6️⃣ Strength According to ROC:
🟢 Values: EUR at 0.31, AUD at 4.1. AUD exhibits more strength at this level.
7️⃣ Sentiment: After comprehensive analysis, the sentiment strongly favors a sell setup in this pair.
✔️ Entry Time Frame: Daily
✅ Entry TF Structure: Bearish
☑️ Current Move: Impulsive
✔ Support/Resistance Base: Support level already broken with a momentum candle.
☑️ Candles Behavior: Momentum is bearish.
☑️ Trend Line Breakout: Confirmed.
💡 Decision: Sell at opening.
🚀 Entry: 1.63137
✋ Stop Loss: 1.6551
🎯 Take Profit: Hold until price walks on the band.
2nd Exit if Internal Structure Changes, 3rd Trendline Breakout, FOMO.
😊 Risk to Reward Ratio: 1:3.5
🕛 Expected Duration: 10 days
SUMMARY: The analysis strongly supports a bearish continuation setup. The absence of significant pullbacks and strong bearish momentum across multiple indicators suggests a favorable sell opportunity. Risk management is key, and the strategy involves holding until a clear indication of a trend reversal.
EURAUD - Long for buy side liquidity ✅Hello traders!
‼️ This is my perspective on EURAUD.
Technical analysis: We can see here that price forms higher lows and higher highs, so I am looking only for longs. For now I expect bullish continuation after price rejected from bullish order block, I see price to take buy side liquidity.
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#EURAUD: 400+ pips easy target! Dear traders,
Hope you are doing great, with EURAUD we think price of this pair will soon drop. There are two factors first one is price already rejected multiple times and then price dropped, this technical view indicates that price will drop further as we move ahead. Secondly, fundamental side support our view, gold is expected to rise and break all time high record if the data indicates us dollar weakness. gold and aud is positively correlated which means they follow the same trend.
like and comment if you agree with the idea ! got any question comment down below. ;)
EUR/AUDHello Traders ,i see 2 entries to continue selling if a price go down less than 1.61800 level with a retest and rejection i see its a safe entry , the scenario diffit if a price up and broke 1.63200 i expect on this case rise to 1.64300 and this a anther good entry to sell, our goals 1.60500 then 1.59000 levels . have a nice day
Daily Frame
EURAUD Technical Analysis And Trade IdeaRecently, the EURAUD has exhibited a robust downtrend. This video offers an intricate analysis of this trend, thoroughly scrutinizing price actions and unveiling prospective trading opportunities by extensively reviewing both the weekly and daily charts. Prepare for a comprehensive evaluation of price fluctuations, market trends, trend analysis, and essential technical elements. It's imperative to highlight that the content shared here is solely for educational purposes and should not be misconstrued as financial guidance.
euraud. Don't forget about stop-loss.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade